Post
Topic
Board Bitcoin Discussion
Re: How many times we will make the same mistake? - History repeats Again & Again!
by
oktana
on 27/02/2024, 22:15:46 UTC
You know the interesting part of all of this? You’d make profit from all of them. Regarding Bitcoin, we know better now but looking back at 10 years ago, you never really knew what today would be if it’d be an abandoned idea or as huge as we’ve seen it. I’d say that if you have enough money (really wealthy), diversify your investments. Invest in all 3 of them after all, you’ll make profit from all.

If you account for the debasement of the dollar, you likely are not making money in all, especially in real terms rather than nominal terms.

Bitcoin has ongoing good chances to keep up with the debasement of the dollar and also to outperform the dollar's level of persistent, consistent and inevitably ongoing debasement.  Good luck if you are investing in that other stuff.

I know that Bitcoin definitely does better (even asides the dollar debasement) but I think that at least, the other investments at least gives some fair gain. If you say it doesn’t because of dollar debasement, that means you’re saying that so far, people who have invested in Gold for the past 10 years has technically earned nothing? Or did I get it wrong?